1.
How can a foreign invested enterprise establish its branches? (view full answer)
The Foreign Invested Enterprises should apply to the original Registration Administration Bureau for Industry and Commerce for the establishment of branches in China in accordance to the relevant regulations. In addition, all regi...
The Foreign Invested Enterprises should apply to the original Registration Administration Bureau for Industry and Commerce for the establishment of branches in China in accordance to the relevant regulations. In addition, all registered capital has to be paid before it can establish any operative branches.
2.
Is there any differences who the shareholders of the company is, I can use myself as individual investor, or my US, HK company, whether they are the same? (view full answer)
There will be no difference for the new company's future operation. Foreign individual person, HK or oversea enterprise can all be investor of FIE in China. The only difference is in the registration process. There will be less ma...
There will be no difference for the new company's future operation. Foreign individual person, HK or oversea enterprise can all be investor of FIE in China. The only difference is in the registration process. There will be less materials required if the investor is individual person. However, for certain industries, there might be limit that the investor can only be entities not individuals. Pls contact your CBIZE consultant to get more information about this.
3.
We are going to set up a WFOE in Shanghai, can we appointed a local Chinese citizen as WFOE's legal representative? (view full answer)
Yes, theoratically you can. But as the legal representative of a company is the person who will be responsible for the company in every account, both you and the Chinese need to have great confidence and trust in each other; other...
Yes, theoratically you can. But as the legal representative of a company is the person who will be responsible for the company in every account, both you and the Chinese need to have great confidence and trust in each other; otherwise you may not find a qualified or trustworthy one to take the position.
